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Michael Saylor’s strategy, the largest public Bitcoin investor in the world, published his latest BTC purchases as cryptocurrencies in response to the escalation of geopolitical concerns last week.
Strategy obtained 245 bitcoins (BTC) for $ 26 million in a week ending Sunday, company notified In the US submission of the Securities and Exchange Commission on Monday.
The cost of the latest bitcoin strategy costs on average reached $ 105,856 per coin, with bitcoins dropping from about $ 108,900 16 June to a domestic minimum just below $ 99,000, according to to Congeck data.
Its recent purchases, including a 1 billion bitcoins 1 billionThey strengthened the company’s shares to $ 592,345 bTC purchased for approximately $ 41.9 billion at an average price of $ 70,681 per coin.
The latest purchase is one of the smallest purchases of strategy in recent months. It’s the smallest since March, When the company bought 130 BTC for $ 10.7 million.
As in the March transaction, the purchase of last week came during a pullback price, which made some observers to ask why the company did not buy more at lower prices.
The approach of the strategy to buy larger amounts at higher prices is in accordance with the philosophy and the “buyer’s top” forever “engaging at bitcoins Saylor.
At the end of 2024, Saylor pledged to buy BTC at top prices No matter how high prices they would go.
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“I’m sure I’m buying bitcoins for $ 1 million per coin – probably $ 1 billion a day Bitcoin per $ 1 million per coin,” he said.
After the latest purchases, the strategy retained its bitcoin yield, an indicator reflecting the percentage increase in the value of its wealth BTC over a period of time.
According to For strategy data, its year -on -year BTC yield was 19.2% after new purchases, which is only 0.01% above the yield in the previous 1 billion BTC Buy announced on June 16.
The latest yield overvoltage BTC will bring the strategy closer to the target yield target YTD 25% by the end of 2025. The company earlier targeted to a smaller yield of 15% But it increased it on May 1.
The new Strategy Bitcoin announcement came shortly after Saylor increased his long -term price prediction on Saturday, Cryptocurrency prognosis in 21 years has hit $ 21 million.
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